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02/05/2026 14:40

Galaxy Bearings Q4 net profit down 73.91% at Rs 1.08 cr

The company reported standalone net profit of Rs 1.08 crore for the quarter ended March 31, 2026 as compared to Rs 4.14 crore in the same period last year, registering a year-on-year decline of 73.91 per cent.

Net revenue of the company declined substantially by 30.45 per cent at Rs 20.83 crore in January-March quarter of this fiscal as against Rs 29.95 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 29.70 per cent to Rs 16.43 crore from Rs 23.37 crore in year ago period.

Other Income grew by 1700.00 per cent at Rs -2.16 crore versus (Mar'25 Rs -0.12 crore).

Operating Profit slipped by 33.13 per cent to Rs 4.40 crore as against Rs 6.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.87 per cent in March quarter.

Interest grew by 48.65 per cent y-o-y to Rs 0.55 crore, while Taxation decreased by 87.84 per cent at Rs 0.18 crore (Mar'25 Rs 1.48 crore).